Southern California’s real estate market remained geared towards buyer's in the month of June despite relatively strong demand from investors and others paying cash for homes. Real estate prices had trended up slightly over the last couple of month, but many potential home buyers appear to still be on the sidelines and may still be waiting for a bottom in prices or a relaxing of the mortgage guidelines to allow more people to qualify for homes.  As such, we have seen a weakening in pricing over the last few weeks as inventory appears to be climbing.

As of July 17, 2011, the median price for single family detached real estate in Carlsbad was $699,000; another slight down tick from a week ago.  The seven day median real estate price average has been

As of July 19th, 2011, 7 new Queen Anne homes hit the market last week, with an average list price of $608,400.  There are currently 94 homes for sale in Queen Anne, at an average selling price of $1,151,028 and average days on market of 126.  Homes priced between $600,000 and $800,000 have an average days on market of 113, which is being elevated by a couple homes with a significant number of days on market.  In addition, there are currently 11 bank owned properties and 38 short sales, primarily at the the lower price points.

Next, we want to looking a pending homes in Queen Anne.  There are currently 16 homes "pending inspection", with an average price of $890,497 at 156 days on market.  Thes are Queen Anne homes that are currently under contract and

What:  Please join us at our new listing in Trossachs tomorrow! 

Where:  1014 270th Place SE, Sammamish 98075

When: Tomorrow, July 19th, 11:00-1:00

Many of you have previously visited this home, but we would like to invite you to come back tomorrow to re-visit the home as the price has been reduced. 

The home is beautiful!  The homeowner has painted all of the bedrooms upstairs and the home is now vacant!  

We would love you to come on by, take a peek at the home for any of your clients and enjoy some chili and cornbread!

See you tomorrow!

SHANE AND ANNE

As of July 18, 2011, there are 242 active homes in Sammamish between $400K and $1 Million.  These homes haave an average price of $616,901, and an average days on market of 111.  There are currently 16 shorts sales in Sammamish at an average price of $618,950 and 189 days on market, while there are only 7 bank owned homes at an average of $492,029 and 110 days on market.

Next, lets take a look at the pending homes in Sammamish.  There are three classifications on pending, the first being "pending inspection".  There are currently 30 homes at pending inspection at an average of $646,902 and 84 days on market.  These are homes that now have a contract and the buyers are in the process of having the home inspected.  Next there are 8 homes as "pending

As of July 15th, 2011, there are currently 429 active residential homes for sale in the city of Bellevue.  Of the 429 active listings, 19 are bank owned homes, with an average price of $563,779 and 118 days on market, and 35 are shorts sales, with an average price of $676,654 and 153 days on market.  It would appear based on this that buyers are not as drawn to short sales as prices don't appear to be as attractive as they once were. 

Between $500K and $1 Million, there are currently 177 Bellevue homes for sale; not including any short sale or bank owned homes.  This current block of Bellevue real estate has an average price of $714,949, and an average days on market of 112.  Bellevue homes that are currently in pending inspection have an average price

Property Website

Priced at $649,000

Bedrooms:  3 Bathrooms:  1.75
Home Size:  1,699 sq.ft. Garage:  2
Community:  Soundview Estates County:  Island
Property Type:  Single Family Detached Year Built:  2005
MLS Number:  250129

Property Description

A splendid westside home with huge views designed for retirement living or lower level expansion of additional 1600 sq feet with water views. Spacious 840 sq ft deck showcases the water and cruise ships with gas plumbed to fire pit plus grill. Gas cooking, heat pump perfect for allergy season with A/C & heat! One level living at it's best with attached 2 car garage, separate bedrooms with private baths, beautiful views from every room!

Sammamish was identified as one of the next hot neighborhoods by Seattle Met Magazine. 

Sammamish will be the Place To Live - 2016.  I Agree!  It's a growing community that has lots to offer. Population is over 40K now & continues to be desirable! 

 5 Places to Live Next: Where You’ll Want to Be In 2016 -- Real Estate

 Also, featured on Q13 Fox News; March 30th, 2011.

 They filmed in Renaissance Ridge! Now, that’s what I call home!

Watch: http://www.q13fox.com/videobeta/082a1a12-b38c-46cc-8f6b-d65873e6a42d/News/Seattle-Met-Sammamish

www.abellahomes.com

Property Website

Priced at $535,000

Bedrooms:  5 Bathrooms:  3.25
Home Size:  3,256 sq.ft. Garage:  2
Lot Size:  4,000 sq.ft. Community:  Vintage
County:  King Property Type:  Single Family Detached
Year Built:  2003 MLS Number:  250020

Property Description

This 2 story home w/vaulted ceilings spacious rooms have a rare main floor guest suite with private bath. Formal LR/DR has soaring ceiling that is opened to a loft area. This 5 bedrooms + loft, 3.25 baths, and 2 fireplaces! Gourmet kitchen with tiled countertops comes with a gas cook top, stainless steel appliances, walk in pantry, butler's pantry, built in desk & lots of cabinets /drawers Gorgeous hardwood floors & home is network ready. Large master suite features double doors entry &

Property Website

Priced at $600,000

Bedrooms:  4 Bathrooms:  2.5
Home Size:  2,960 sq.ft. Garage:  2
Lot Size:  4,800 sq.ft. Community:  Issaquah Highlands
County:  King Property Type:  Single Family Detached
Year Built:  2005 MLS Number:  249621

Property Description

You do not want miss this lush oasis. This 4 bedroom 2.5 bath home backs up to a forested greenbelt. The main level greets you with hardwood floors, cozy den or office with a fireplace and has the great room concept with the kitchen, living and dining rooms. The chefs kitchen has alder cabinets, granite counters and stainless steel appliances. Enjoy the expansive windows throughout the home. The 2nd floor offers you a large master suite, huge master bath, 2 bedrooms and an upstairs

Property Website

 Priced at $699,000

Bedrooms:  4 Bathrooms:  3.25
Home Size:  3,720 sq.ft. Garage:  3
Lot Size:  7,458 sq.ft. Community:  Trossachs
County:  King Property Type:  Single Family Detached
Year Built:  2002

Property Description

Welcome home! A Trossachs treasure for sure! The home is absolutely immaculate! This 4 bedroom, 3.25 bath home has an extraordinarily unique floor plan. The seller added a wall to the formal dining room to create an entirely separate room, This unique room can be used as an private dining room ideal for the perfect, intimate get-together, or it can be used as a playroom for young children or a homework room for the teenagers! The possibilities are endless! The intricate iron stair- rail leads you up to four